Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Vosilla who wrote (41854)	11/28/2005 11:51:29 AM
From: mishedlo	Read Replies (1) of 116555

Author misses the fact inflation has been very high for real people in bubble markets the past few years. Real estate taxes, insurance, utilities and energy get passed long the consumers. Anyone living here in a bubble market that hasn't seen their cost of living rise perhaps 7-10% a year since 2002? As ARM's and monthly payments adjust upward that also is inflationary. Once again, you are looking in a rear view mirror. Without rising wages, all those increases did was add to the debt bubble. The affect is therefore ultimately deflationary. Mish

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next